It's Here - your 2012 Tax Planning Guide.  Find out what's new for individuals, businesses and estates. Start planning now to reduce your tax liability. Contact us with any questions. RECORD RETENTION SCHEDULE: As you begin to collect your 2011 tax documents, this may help you organize your documents into your keep and toss piles. 2012 RETIREMENT CONTRIBUTION LIMITS: Some limits have gone up, others stayed the same. Click here for the complete list. 2012 MILEAGE RATES: The IRS just announced the new 2012 rates. 55.5 cents for business. 23 cents for medical or moving. 14 cents for charity. 1099 REPEAL BILL SIGNED: President Obama signed a bill to repeal controversial expanded reporting on Form 1099 for some business and rental property expense payments. But there is a cost to the repeal. TAX CUTS EXTENDED: President signed two-year extension of Bush-era tax cuts, payroll tax relief and estate tax compromise. Find out what it means for you, your family and your business, by clicking here. HEALTH CARE REFORM: You will be affected. Congress has overhauled health care, but what does it really mean? This overview highlights the changes coming for individuals and business owners. Also be sure to check out our special Health Care Reform tab for more information. NEWS FROM WASHINGTON: From health care to estate tax issues, lawmakers in Washington, D.C. are debating many topics that will impact your taxes and financial future. CHH provides a summary of what is going on in our nation's capitol and what it means for you. TAX AND BUSINESS ALERT: This monthly newsletter provides articles on various tax and business issues that are designed to keep you up to date on trends and issues that may impact your finances and business.  Please browse through our website and feel free to contact us with any questions or comments you may have.  We welcome all feedback. Our goal is to provide proactive and responsive service to our clients' inquiries and suggestions.